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plus president obama and germany fell chancellor angulo merkel met at the white house today. will tighter -- german chancellor angela helmet at the white house today. will tighter sanctions actually change the situation in ukraine? we will be talking about that, next. ♪ its focus is shifting to cyber security, examining financial firms' preparedness for cyber threats. they are looking at how secure they really are. joining me, the former white house cyber security commissioner tom kellerman. what is the sec's biggest fear? what is going on? >> the lack of reporting in the marketplace. more firms are being breached. significant resources in material risk. >> financial firms? >> broker's houses, major publicly traded companies. >> how is it we do not hear about that? >> off and they are not aware they have been breached until they are notified that their accounts are being sold and bartered in the shadow economy. >> it is terrifying because you think of your financial data being out there. it really means we are all being vulnerable in a certain way. who is responsible, would
plus president obama and germany fell chancellor angulo merkel met at the white house today. will tighter -- german chancellor angela helmet at the white house today. will tighter sanctions actually change the situation in ukraine? we will be talking about that, next. ♪ its focus is shifting to cyber security, examining financial firms' preparedness for cyber threats. they are looking at how secure they really are. joining me, the former white house cyber security commissioner tom kellerman....
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. 36% of germany's natural gascon assumption comes from russia. 39% of their oil comes from russia. talk about going over a well, christopher chivas is a senior political analyst with the rand corporation. good to see you. will russia use this attack on pro-russian forces, separatists, whoever they are, inside ukraine as the provocation they were really looking for to attack and take territory from ukraine. >> i wouldn't be surprised at all, tyler, if that's what's going on. this is a strategy we have seen from russia before. the strategy is basically to aid and abet violence and turmoil and use it as an excuse for some kind of intervention. they probably will claim they're doing it on humanitarian grounds, but the reality will be that the large number of forces now poised on the border of eastern ukraine will move from russia into eastern ukraine. >> what is the end game here? what do you think will happen? will ukraine be split into two countries or what? >> it's very different to predict right now. i think there are a number of different possibilities. i should say that i think t
. 36% of germany's natural gascon assumption comes from russia. 39% of their oil comes from russia. talk about going over a well, christopher chivas is a senior political analyst with the rand corporation. good to see you. will russia use this attack on pro-russian forces, separatists, whoever they are, inside ukraine as the provocation they were really looking for to attack and take territory from ukraine. >> i wouldn't be surprised at all, tyler, if that's what's going on. this is a...
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germany is one of our strongest allies. with her indulgence, i want to start by making two brief comments. first, as president, my top priority is doing everything that we can to create more jobs and opportunities for working families. this morning we learned that our business has created 9.2 million new jobs over 50 executive months of job growth. the grit and determination the american people is moving forward. we have to focus on job creation and or opportunities for working families. raising the minimum wage to creating good construction jobs in mid-america. i want to work with them wherever i can. i keep acting on my own where ever i must. second point, i also want to say, on behalf of the american people, our thoughts are with the people of afghanistan to experience an awful tragedy. a devastating landslide on top of recent floods. many people are reported missing. just as the united states has stood with the people of afghanistan through a decade, we stand ready to help our afghan partners. even as our war comes to a
germany is one of our strongest allies. with her indulgence, i want to start by making two brief comments. first, as president, my top priority is doing everything that we can to create more jobs and opportunities for working families. this morning we learned that our business has created 9.2 million new jobs over 50 executive months of job growth. the grit and determination the american people is moving forward. we have to focus on job creation and or opportunities for working families....
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May 2, 2014
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germany has a great business relationship with russia. wentieve gerhard schroder to work for a russian company after he was chancellor of germany. it seems that america has this , cold war,0's style leftover unhappiness, but no reason to be so worried. quickly direct economic interest in ukraine for the united states is not great. is alsode with russia not huge, although companies such as exxon mobil and boeing have important projects in russia. but it is important for foreign policy credibility. the u.s. has certain red lines. it committed to defending ukraine's territorial sovereignty. that credibility is important with respect to asia. president obama was reassuring asian partners and allies the u.s. would come to their defense in a situation in which chinese territorial ambitions seem to be growing. or is a broader repercussion that goes beyond ukraine and russia for the united states. >> we seem to be spreading ourselves them. we are going to defend asian countries against china? we are going to defend the ukraine against russia? did
germany has a great business relationship with russia. wentieve gerhard schroder to work for a russian company after he was chancellor of germany. it seems that america has this , cold war,0's style leftover unhappiness, but no reason to be so worried. quickly direct economic interest in ukraine for the united states is not great. is alsode with russia not huge, although companies such as exxon mobil and boeing have important projects in russia. but it is important for foreign policy...
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we're likely, i assume, to get a sense of whether or not germany and the u.s. see eye to eye on sanctions. we know german,is chris critical to whatever the eu will do. >> reporter: absolutely. the administration has been trying to pull along the european allies. the sanctions they imposed this week intended to impose last week, but did so on monday. we're closer to the point at this the broader, more serious, more dangerous for european and american businesses sectoral sanctioning get called for. it is pretty clear, despite this call for russia's call for this emergency meeting, that they haven't had much interest in diplomacy so far. they discarded the agreement with lavrov and kerry almost as soon as it was struck a couple weeks ago. so i think this is -- the situation is getting more grave and more worrisome. i think that may be why merkel and obama have not come out yet. >> so far there's been some abstinence involving the oil industry. brent crude, in the futures market, i'm wondering if you think we are nearing the point where we will see oil come into pl
we're likely, i assume, to get a sense of whether or not germany and the u.s. see eye to eye on sanctions. we know german,is chris critical to whatever the eu will do. >> reporter: absolutely. the administration has been trying to pull along the european allies. the sanctions they imposed this week intended to impose last week, but did so on monday. we're closer to the point at this the broader, more serious, more dangerous for european and american businesses sectoral sanctioning get...
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is germany willing to sacrifice short-term economic growth to put pressure on president putin? that is a fundamental question that needs to be answered. >> do you think they will be able to come up with an answer? >> mohamed nailed the biggest question about the meeting today. when it comes to the next round of sanctions, the big hammer the west has had hanging over fiber over vladimir putin has been the sectoral sanctions. $50 will take a major hit, billion of imports. angela merkel is hearing from their business interests. they don't want anything to do with the sectoral sanctions. her ability to stay aligned with the president is crucial for sectoral sanctions to work and not be implemented in patchwork fashion. >> mohamed, you mentioned because the economy is getting tighter that the cost of protectionism is rising as well. >> it is interesting we have not seen protectionism happen like you would have expected when we went into a major economic slowdown. the key issue now is step-by-step this diplomacy normally would favor -- you step onvor, does this step which seems appea
is germany willing to sacrifice short-term economic growth to put pressure on president putin? that is a fundamental question that needs to be answered. >> do you think they will be able to come up with an answer? >> mohamed nailed the biggest question about the meeting today. when it comes to the next round of sanctions, the big hammer the west has had hanging over fiber over vladimir putin has been the sectoral sanctions. $50 will take a major hit, billion of imports. angela...
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this hits a sensitive note in germany. chancellor was born in east german where the communist dictator state had the stasi police who were keeping records on people, who were very invasive. there is still a strong memory of those early days. so even though it's faded somewhat from the american conscience, it is a big deal in germany. expect chance lor merkel to be polite about it, to be somewhat direct but perhaps a bit cold as she is asked questions in the press conference, but this will certainly be a heated issue behind closed doors when the two leaders meet today. >> in this country, everybody is talking about the crisis in ukraine. >> will also be on today's agenda. will they be discussing those sanctions about russia that the president wants to step up? >> absolutely. now, germany has a lot more on the line. they have a lot of trade with russia to the tune of $100,000,000,000 at last year alone. the oil and gas industry is very engaged, very co-dependent. germany has a lot more to lose if there are stepped-up sanct n
this hits a sensitive note in germany. chancellor was born in east german where the communist dictator state had the stasi police who were keeping records on people, who were very invasive. there is still a strong memory of those early days. so even though it's faded somewhat from the american conscience, it is a big deal in germany. expect chance lor merkel to be polite about it, to be somewhat direct but perhaps a bit cold as she is asked questions in the press conference, but this will...
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you look at eu exports to germany, 30% of them germany. you exports to russia. how for will she push on sanctions? >> how does the dialogue change over what we have seen in the last six hours? frozendialogue is between what happened late last night, which was russia's calling -- this call from russia telling the ukrainian president to pull his troops out of his country. a last conversation that we know of between merkel and prudent -- merkel and putin was yesterday. it is so hard to tell what's going on on the ground right now. there is a helicopter that was shut down -- shot down. it is a question of how much can obama push merkel for additional sanctions. -- merkel and putin speaking on the phone every 10 days. >> there was just this time in june of last year that obama visited here and gave a speech and he and merkel had quite a bit of time there. and ukraine not happened, this would have been an ugly visit because merkel would have complained about edward snowden and to the nsa and all the eavesdroppings. a lot of that has been brushed aside and the focus wi
you look at eu exports to germany, 30% of them germany. you exports to russia. how for will she push on sanctions? >> how does the dialogue change over what we have seen in the last six hours? frozendialogue is between what happened late last night, which was russia's calling -- this call from russia telling the ukrainian president to pull his troops out of his country. a last conversation that we know of between merkel and prudent -- merkel and putin was yesterday. it is so hard to tell...
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May 2, 2014
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in that role, she needs to think of everyone's objectives not only germany's and germany's interest. yes, but look at her. she seems to be moving cautiously but moving in line with events. you could say she is trying her best to actually live up to that role which she never asked for, to be a key person in what looks like a conflict to between the west and russia, almost a bit like the old cold war. >> does what is happening in ukraine bring america and germany closer together? clearly, there have been sources of tension recently, issues of mobile phones and things like that, that will cause disagreements. will this generate more momentum towards -- they are going to talk about trade talks as part of this conversation. she will be talking to various people. could this be a net positive, the closing of this gap between germany and united states? >> under an external threat, the family tends to move closer together. rediscovering that it actually does share some values, despite the occasional bad phone hacking scandal and the like. indeed, from a political point of view, we now seem to
in that role, she needs to think of everyone's objectives not only germany's and germany's interest. yes, but look at her. she seems to be moving cautiously but moving in line with events. you could say she is trying her best to actually live up to that role which she never asked for, to be a key person in what looks like a conflict to between the west and russia, almost a bit like the old cold war. >> does what is happening in ukraine bring america and germany closer together? clearly,...
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reports say germany's buyer is closing in on a deal to buy the unit for about $14 billion. on wednesday, another possible bidder, said it was no longer in the running. they could announce the transaction in the next few days. shares in frankfurt at this hour, they're trading up, a bit over 1% at the moment. back to you. >> bertha, thanks for that. good to see you. >> you, too. >> thank you. >>> in earnings news, linkedin reported a net loss. excluding items, the professional social networking site beat analyst forecasts as revenue rose 46%. membership rose 7%, the same growth rate as the fourth quarter. linkedin is forecasting full-year revenue growth below analyst estimates. shares in linkedin today currently up, 4% in frankfurt. they were down heavily after hours in the united states. >>> kraft foods has reported higher first quarter profits helped by cost cuts and moves to manage prices for key ingredients. revenue fell which missed analysts forecasts. kraft will be raising prices for nearly half of its products, including cheese, bacon and cold cuts as it trays to offse
reports say germany's buyer is closing in on a deal to buy the unit for about $14 billion. on wednesday, another possible bidder, said it was no longer in the running. they could announce the transaction in the next few days. shares in frankfurt at this hour, they're trading up, a bit over 1% at the moment. back to you. >> bertha, thanks for that. good to see you. >> you, too. >> thank you. >>> in earnings news, linkedin reported a net loss. excluding items, the...
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a white house spokesman said that germany's anger over the nash -- over the nsa surveillance program which caused merkel to cancel a u.s. trip last year will not complicate a joint effort to address the situation in ukraine. u.s. employers probably boosted payrolls in april by the most in five months. economists predict that the u.s. added 218,000 jobs last month after a gain of 192000 and march. a pickup in april would follow data this week showing that households spent more freely and manufacturing accelerated. to the pollstakes next week in the country's finance minister seems sure that the ruling anc will retain power. we sat down for an exclusive conversation. having the advantage of an institution like the african national congress which will win the election by significant majority means there is continuity and transparency and relative certainty about what we intend to do. we have a record of translating election manifestoes and a commitment to the national development plan into business plans for government departments. >> south africa's true growth potential is being hamper
a white house spokesman said that germany's anger over the nash -- over the nsa surveillance program which caused merkel to cancel a u.s. trip last year will not complicate a joint effort to address the situation in ukraine. u.s. employers probably boosted payrolls in april by the most in five months. economists predict that the u.s. added 218,000 jobs last month after a gain of 192000 and march. a pickup in april would follow data this week showing that households spent more freely and...
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the challenge has been to balance or business interest in germany. you look at some of the traits they have what russia. it is the largest trading partner in the eu. seen her get increasingly upset with vladimir cutin. putin. of her relationship with barack obama, we have seen clear telegraphing from german officials is that they will put aside all of their nsa, the snooping, the eavesdropping and put all that aside. the focus will be how do you get the european union and the u.s. aligned with one voice. does that mean additional sanctions. what were they due to present a unified front? in some ways, they look at putinl as a kind of baye whisperer. they look to her tables translate putin -- to her to translate putin. it will been interesting conversation. courses might be a little bit early in the morning. >> i went into a whiskey distillery but there's only one catch, they haven't officially made any whiskey yet. is the first whiskey maker in london for more than a century. darren brooks, this is part of a wider trend towards craft brewing in the u.
the challenge has been to balance or business interest in germany. you look at some of the traits they have what russia. it is the largest trading partner in the eu. seen her get increasingly upset with vladimir cutin. putin. of her relationship with barack obama, we have seen clear telegraphing from german officials is that they will put aside all of their nsa, the snooping, the eavesdropping and put all that aside. the focus will be how do you get the european union and the u.s. aligned with...
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or germany? >> that is a question for the congress and the obama administration. the obama administration in its latest budget proposal, it is trying to tweak inversions and make it more difficult to do this. it is more of a tweet to the system, not an overhaul. it likely won't stop inversions, but make it more difficult, and frankly, more employment for my tax brethren. >> i want to thank you, gordon caplan. coming up next, the pga just announced where the 2022 pga champions tour is going to be held. i will be speaking to the president of the pga. and i will be speaking to sports legend david robinson about mentoring and his business interests outside of basketball. ♪ >> today, the professional golfers association of america announced new jersey's trump golf club is going to host the 2022 pga champions tour. the course is owned by real estate developer donald trump. joining to discuss this announcement is pga executive in chief, pete bevacqua and the pga president, ted bishop. what are we looking at? >> we will have the pga championship in -- it is great to par
or germany? >> that is a question for the congress and the obama administration. the obama administration in its latest budget proposal, it is trying to tweak inversions and make it more difficult to do this. it is more of a tweet to the system, not an overhaul. it likely won't stop inversions, but make it more difficult, and frankly, more employment for my tax brethren. >> i want to thank you, gordon caplan. coming up next, the pga just announced where the 2022 pga champions tour...
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May 1, 2014
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germany are doing more slamming there than in the united states. look, yelp is -- is it an honest broker? yes. i have 4.5 stars right now. >> ve-- in the restaurant. >> what happens if that falls? >> i'll tell you what i think of yelp if that falls. >> 4.5. i thought -- can you get 5? >> guy came in and did 3 and blamed, you know, i don't know said that i wasn't hosting well. hosting last night, did a darn good job. >> what's coming up on "mad money" tonight? >> two companies that reported dynamite upside surprises. one is reacting positively, the other is reacting negative. now they're both negative. very interesting. harman and dominos reported upside surprises that were up, stocks up, getting hit. that's the old pattern we experienced with the yelps and concurs. how about this. old economy not doing as well today. look at clorox. another one that people thought, hey, you can't miss. so let's see, i happen to be big believers in harman and dpz. not giving up on those. we have to learn more. >> finally after this week's gdp number, here's "usa tod
germany are doing more slamming there than in the united states. look, yelp is -- is it an honest broker? yes. i have 4.5 stars right now. >> ve-- in the restaurant. >> what happens if that falls? >> i'll tell you what i think of yelp if that falls. >> 4.5. i thought -- can you get 5? >> guy came in and did 3 and blamed, you know, i don't know said that i wasn't hosting well. hosting last night, did a darn good job. >> what's coming up on "mad...
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Apr 30, 2014
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alstom's board backed the 17 billion doll offer but left a door open for competing bid from germany's siemens. liz: pfizer intensified campaign to buy britain's astrazeneca for $100 billion. financial times says pfizer's ceo was in london lobbying for a deal. david: sales for "game of thrones" helped time warner profits in the first quarter. earnings beat forecast. time warner raised full-year guidance. we have financial reports coming out as well. busy time. "after the bell" starts right now. liz: and it's a record close for the dow. what action we saw in the wake of the fed's announcement. we have mark travis, intrepid capital management ceo, who has two retail names investors should keep on their radar. scott schmerhorn, granite investment advisor's chief investment officer. scott is positive, he feels positive on the overall economy even with the poor first quarter number. bob eye a chino from the pits of the cme. bob, very interesting, you hear janet yellen and company saying even when we finish bond-buying purchases we'll keep interest rates low for a very long time. markets wen
alstom's board backed the 17 billion doll offer but left a door open for competing bid from germany's siemens. liz: pfizer intensified campaign to buy britain's astrazeneca for $100 billion. financial times says pfizer's ceo was in london lobbying for a deal. david: sales for "game of thrones" helped time warner profits in the first quarter. earnings beat forecast. time warner raised full-year guidance. we have financial reports coming out as well. busy time. "after the...
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germa germany seem siemens isn't accepting that bid. >> reporter: they can solicit unsolicited bids. to that end, siemens is ready to sweeten an earlier bid, offering to swap some not all of the power assets along with cash. they called ge's offer compelling, alstom has untildown kd 2nd to make a decision. it would then seek approval of the company shareholders as well as the labor board. alstoms largest expects if offer. if approved it will immediately add to the companyings earnings eight to ten cents a share. it will mean that 75% of ge's operating mar jens will come from its industrial operations by 2016. that's important because it's targeted 70% of margins from industrial operations. so that allows it to exceed that goal. it sees $1.2 billion in cost savings. the therm am renewables and businesses would be the biggest acquisition of the ceo's 13.5 year tenure. in a statement. they say it furthers ge's strategy of expanding into industrial businesses leak power and water. now, when news of the ge bid first leaked, alstom is considered an industrial treasure. politicians were als
germa germany seem siemens isn't accepting that bid. >> reporter: they can solicit unsolicited bids. to that end, siemens is ready to sweeten an earlier bid, offering to swap some not all of the power assets along with cash. they called ge's offer compelling, alstom has untildown kd 2nd to make a decision. it would then seek approval of the company shareholders as well as the labor board. alstoms largest expects if offer. if approved it will immediately add to the companyings earnings...
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the fed begins a two-day meeting today and europe is up across the board led by the dax in germany. our road map goes like this. a day we here at cnbc has been counting down to. our official first 25 list of rebels, icons and leaders unveiled this morning. we'll bring you the ranksings. >> merck shares are higher in the premarket after it beat the street despite some generics cutting into revenue and reaffirmed full-year guidance. >> coach shares lower in the premarket. women's accessories taking a lit despite earnings coming in ahead of consensus. first up, the list is out, this morning cnbc has unveiled its first 25 list as we celebrate 25 years on the year. the people who have had the biggest impact on business and finance over the last quarter century. the top 5 is led by steve jobs, followed by bill gates, ben bernanke, alan greenspan, the google guys, written, page and schmidt and jeff bezos. on "squawk on the street" we'll have interviews with two of the first 25, starbucks ceo and chairman howard schultz going to sit down with jim and david has hewlett-packard's ceo meg whit
the fed begins a two-day meeting today and europe is up across the board led by the dax in germany. our road map goes like this. a day we here at cnbc has been counting down to. our official first 25 list of rebels, icons and leaders unveiled this morning. we'll bring you the ranksings. >> merck shares are higher in the premarket after it beat the street despite some generics cutting into revenue and reaffirmed full-year guidance. >> coach shares lower in the premarket. women's...
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they are working with siemen's group of germany. >>> comcast massive proposed takeover of rival time warner cable may be a step closer to happening after the big philadelphia media company struck a deal that eases federal antitrust concerns. over the weekend comcast confirmed a $20 billion deal with another cable provider charter communications to swap or sell the companying thing right to serve nearly 4 million cable subscribers. comcast is the parent company of cnbc which produces this broadcast. >>> stocks ended this monday mostly higher thanks to all that merger and acquisition activity we just told you about. investors were also encouraged by a healthy report on pending home sales in march the first increase in nine months. by the close bell the dow was up 87 points, the nasdaq slipped one point and s&p added six points. >>> another development on wall street keeping a close eye on today relations between the united states and russia after the white house ramped up economic sanctions against individuals and entities licensed to export to russia. john harwood joins us from washin
they are working with siemen's group of germany. >>> comcast massive proposed takeover of rival time warner cable may be a step closer to happening after the big philadelphia media company struck a deal that eases federal antitrust concerns. over the weekend comcast confirmed a $20 billion deal with another cable provider charter communications to swap or sell the companying thing right to serve nearly 4 million cable subscribers. comcast is the parent company of cnbc which produces...
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it means that europe must have a strong growth everywhere, in germany, spain, uk, to go to converge to this target. >> do you think the french economy would be able to benefit from the growth from other countries? >> that's one of the targets of the plan is to say we tried to improve the company's situation and in that case, it will be both to capture the eurozone trajectory. that's the target of the government. >> phillip, when we tried to reform the french economy, there's always something funny or perhaps even worrying. the best reform in france is always the one that is not impacting myself. so french people are reluctant of the impact of the reform. >> it's mostly everywhere always the same thing. it's always better when your neighbor is changing its mind in this situation. what we see and what is important currently in france is that gdp per capita growth, it means that what you earn is what i lost. there's one winner, one loser. and that's why it's practically difficult at this moment of the cycle. that's why manuel vass ask ed, o try to make this reform being voted. >> the targ
it means that europe must have a strong growth everywhere, in germany, spain, uk, to go to converge to this target. >> do you think the french economy would be able to benefit from the growth from other countries? >> that's one of the targets of the plan is to say we tried to improve the company's situation and in that case, it will be both to capture the eurozone trajectory. that's the target of the government. >> phillip, when we tried to reform the french economy, there's...
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germany is demanding the release of military monitors with and held since friday. israelis paused in jerusalem to remember the millions of jews killed across europe. people gathered in front of israel's holocaust museum to honor a moment of silence. >> the u.s. senate takes up in a proposal to raise the federal minimum wage. in a report on high-school graduation rates. it will tell you the united states will tell you the united states education. i'm on break sweetheart. you know you don't have to put up with this. ...those annoying period symptoms. general pain relievers, like advil, only treat cramps, but midol has three active ingredients to take care of that... ... and fatigue and bloating. because you deserve better. with even more of what you love in every bottle. ♪ because more of what you love is a beautiful thing. the new tide plus collection. what's your tide? a top advisers and the administration talk about ways to help working families fund balance. >> this summit has been called to try and look at some of the conditions surrounding working families. t
germany is demanding the release of military monitors with and held since friday. israelis paused in jerusalem to remember the millions of jews killed across europe. people gathered in front of israel's holocaust museum to honor a moment of silence. >> the u.s. senate takes up in a proposal to raise the federal minimum wage. in a report on high-school graduation rates. it will tell you the united states will tell you the united states education. i'm on break sweetheart. you know you don't...
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germany, france, we have to go down the list. fascinating story in the times about putin's money about whether it is real or not. so many different situations to keep track of after this. female announcer: sleep train's interest free for 3 event ends sunday. it's your last chance to get three years interest-free financing on beautyrest black, stearns & foster, serta icomfort; even tempur-pedic. plus, get free delivery, and sleep train's 100-day low price guarantee. but hurry! sleep train's interest free for 3 event, ends sunday. ♪ sleep train ♪ ♪ your ticket to a better night's sleep ♪ at your ford dealer think? they think about tires. and what they've been through lately. polar vortexes, road construction, and gaping potholes. so with all that behind you, you might want to make sure you're safe and in control. ford technicians are ready to find the right tires for your vehicle. get up to $120 in mail-in rebates on four select tires when you use the ford service credit card at the big tire event. see what the ford experts
germany, france, we have to go down the list. fascinating story in the times about putin's money about whether it is real or not. so many different situations to keep track of after this. female announcer: sleep train's interest free for 3 event ends sunday. it's your last chance to get three years interest-free financing on beautyrest black, stearns & foster, serta icomfort; even tempur-pedic. plus, get free delivery, and sleep train's 100-day low price guarantee. but hurry! sleep train's...
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germany tries to cozy with the giant. could these pairings?s be a mat made in heaven? >>> hello. it is midday here in london, 7:00 a.m. washington, 2:00 p.m. aleppo where thousands of people have been reported to be killed or maimed in the ariel bomb boardment this year. forces are accused of terrorizing the city with indiscriminate air war against civilians, in particular barrel bombs thrown out of helicopters at a height of 7,000 feet. the bbc team has had rare access to aleppo. our panel and camera man spent four days there, only western broadcasters to have visited the city since last year. joining us now from turkey, he is there live. is it clear from what you saw ian, that bombs are dropped randomly not just areas occupied by fighters? >> reporter: it's a very good question. here's the problem. the rebel groups are based on opposition held parts of the city. many come from the city. these are residential neighborhoods. the government can legitimately claim in many cases that it's trying to hit rebel positions. the trouble is the scale of the attacks that they've conducted i
germany tries to cozy with the giant. could these pairings?s be a mat made in heaven? >>> hello. it is midday here in london, 7:00 a.m. washington, 2:00 p.m. aleppo where thousands of people have been reported to be killed or maimed in the ariel bomb boardment this year. forces are accused of terrorizing the city with indiscriminate air war against civilians, in particular barrel bombs thrown out of helicopters at a height of 7,000 feet. the bbc team has had rare access to aleppo. our...
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will siemens of germany push inm aside? the crisis ukraine escalates. the crisis in manila says that new sanctions are in order. good morning, everyone. we are live from our world headquarters in new york. i am tom keene. joining me is scarlet fu and adam johnson. our guest host for the hour, the partner at sky bridge capital joining us this morning on the hedge fund industry. >> overnight retail sales rose six point two percent, exceeding estimates. this is happening ahead of the april tax increase in japan. meanwhile, economic data in the dallast 10:30 in fed, manufacturing. earnings before the bell, only one of note, charter, losing $.35, more than expected. it looks like charter is going to get 3.9 million subscribers out of that comcast deal. deal we have a herbalife and buffalo wild wings. >> could be a down component. >> not evenbe. close. let's start with general electric. jeff and melt, going to the top in the offer for the french company. he met with francois hollande this morning, who made a counter offer to him. the french government was con
will siemens of germany push inm aside? the crisis ukraine escalates. the crisis in manila says that new sanctions are in order. good morning, everyone. we are live from our world headquarters in new york. i am tom keene. joining me is scarlet fu and adam johnson. our guest host for the hour, the partner at sky bridge capital joining us this morning on the hedge fund industry. >> overnight retail sales rose six point two percent, exceeding estimates. this is happening ahead of the april...
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and germany's british consumer giant ricket is said to be among the final contenders. merck's cop summer unit is best known for coppertoen sunscreen and claritin. >> for rickets. >> for rickets? >> yeah. >> thank you. i know where you are going with that. >> i'm not going anywhere. i missed you. i i am just glad you are here. i'm glad you are not in the seminary here, which would be a shocker. anyway, that was a big day. >>> we have another big deal. this is a european situation. >> you go up against the -- over here we might be a little bit nationalistic about some of our companies, like i didn't want the bacon. and bacon is like $12 a pound now. you don't have to say i was right about that, but we didn't want to sell smith view. nothing happens with the final say. >> it's always been that way in france. >> i know. i'm not surprised. >> this is just like welcome to france, welcome to the world. >> they didn't want to sell yogurt. now this is the crown jewel of the industrial -- do they have anything industrial in france at this point. the french president meeting with
and germany's british consumer giant ricket is said to be among the final contenders. merck's cop summer unit is best known for coppertoen sunscreen and claritin. >> for rickets. >> for rickets? >> yeah. >> thank you. i know where you are going with that. >> i'm not going anywhere. i missed you. i i am just glad you are here. i'm glad you are not in the seminary here, which would be a shocker. anyway, that was a big day. >>> we have another big deal. this...
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what we do now from the deputy foreign minister of germany is what the eu is likely to do is expand that list of sanctioned individuals they have by another 15 people. no companies that we know of yet. basically, more so-called stage to sanctions. >> who is going to be hit? >> from the u.s. sanctions, we heard from president obama earlier today talking about going after high-tech military aports, that would suggest company that exported $16 billion of russian weapons last year. >> ryan, thank you so much. ryan chilcote with the latest on these possible extra sanctions. we are back in a couple of minutes. ♪ >> welcome back. let's talk about the currency markets. euro/dollar spiking higher. reasons for this, a bunch of m&a today. you have got u.s. gdp this week. you have got the fed this week. there is talk as well that various russian entities may be looking to exit the ruble. there are various permutations about how you do this. all of this in aggregate could be affecting the dollar today. as you can see, a big spike earlier on. trading 1.3875. coming up, ge versus siemens in the battl
what we do now from the deputy foreign minister of germany is what the eu is likely to do is expand that list of sanctioned individuals they have by another 15 people. no companies that we know of yet. basically, more so-called stage to sanctions. >> who is going to be hit? >> from the u.s. sanctions, we heard from president obama earlier today talking about going after high-tech military aports, that would suggest company that exported $16 billion of russian weapons last year....
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in the past that was germany or the u.k. now the u.k. is the top performing country. reform takes time. and i think we have talked it over many times on your program. why do you invest in a country? you take a country on how effective the effects are and what the capacity for long-term is? long-term france will get there, but if you're looking to buy a french company, you have to be a ware of the hiccups. >> the stinky part for the deal for me is the personal mergers going on here. if you look at earlier in the year, francois hollande is taking or talking at energy policy. siemens was trying to get rid of assets as the company was underperforming as a spoiling giant. it feels like on both sides there's a lot going on in the backdrop. >> there is an awful lot going on in the backdrop. if you look at the whole theme of europe this year, we have moved away from it just being about bank regulation and union. and the ukraine situation has precipitated the needs to have energy policy, so finally europe is talking about its energy policy. and i think that has re-triggered al
in the past that was germany or the u.k. now the u.k. is the top performing country. reform takes time. and i think we have talked it over many times on your program. why do you invest in a country? you take a country on how effective the effects are and what the capacity for long-term is? long-term france will get there, but if you're looking to buy a french company, you have to be a ware of the hiccups. >> the stinky part for the deal for me is the personal mergers going on here. if you...
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a french presidential audience for ge's ceo and a rival bid from germany's siemens. settles a remarkable three-day scramble. hans nichols is in berlin to break down oust him down -- break down alstom's choices. are they going to be open on friday? >> they will not be open until wednesday. they have until then to , oneerate over one bid formal offer. it comes down to one crucial question. here is the ceo of an american company. do you ask for permission from the french government first before putting out that big? jeff himmel had the conversations with alstom. his board has approved it. then the french government got wind of it. today, he has a meeting with french president for an swap along. -- francois hollande. did he oron there is, should he have contacted the french state before he started getting everything in line? what has happened in the meantime, siemens has put together a rival bid. this is an asset swap. siemens would take the energy unit from alstom and give them the train unit. they are prepared to make guarantees for no job cuts for at least three years
a french presidential audience for ge's ceo and a rival bid from germany's siemens. settles a remarkable three-day scramble. hans nichols is in berlin to break down oust him down -- break down alstom's choices. are they going to be open on friday? >> they will not be open until wednesday. they have until then to , oneerate over one bid formal offer. it comes down to one crucial question. here is the ceo of an american company. do you ask for permission from the french government first...
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>> i worked in germany in that period of time. and was there in 1990 when german unification came about. and the soviet union collapsed. and nobody at that time would have imagined that nato would extend to the russian borders and possibly even into ukraine. it was just unthinkable. and nonetheless because there was no real power in russia this is what happened. and at the moment russia has recovered some of its strength and is asserting its strategic interests. i think they have to be substantive negotiations about that. i think the best status for ukraine would be similar to finland and could be part of the west that could be -- >> not certainly part of nato. >> but not part of nato. that's not going to work. and as long as that's clear and you talk to russia about it you don't need sanctions you need substantive negotiations. >> but eastern ukraine. will it secede? will putin go that one step further center nobody knows this of course. but what happens next? >> i don't think so. because i don't even think it's in putin's or rus
>> i worked in germany in that period of time. and was there in 1990 when german unification came about. and the soviet union collapsed. and nobody at that time would have imagined that nato would extend to the russian borders and possibly even into ukraine. it was just unthinkable. and nonetheless because there was no real power in russia this is what happened. and at the moment russia has recovered some of its strength and is asserting its strategic interests. i think they have to be...